News & Events

EU shipowners applaud European Parliament change of heart on monitoring of CO2 emissions

Date: 19/05/2014

The plenary of the European Parliament (EP) adopted today its report on the Commission proposal for a Monitoring, Reporting and Verification (MRV) Regulation of CO2 emissions from ships calling at EU ports.

Previously, the Environment (ENVI) Committee of the EP had endorsed the decision to extend the scope of the proposal by including smaller ships of 400 GT or above, as well as more types of emissions.

Today however, the EP shifted its position by ultimately rejecting both the extension in terms of GT and additional emissions, thus aligning the scope of its position with the Commission’s proposal of solely monitoring CO2 emissions from ships of 5000GT or above.

Once the Council adopts its own position on the Commission proposal, the negotiations between the Council and the new Parliament can commence, most probably in Autumn 2014.

Today’s vote, while maintaining the possibility of the establishment of a potential EU MRV system, also eases the way towards a global solution on CO2 emissions from shipping.